supply disruption by a raw material supplier (PTA) resulting in volume loss of 75 K Tons. This facility has since restarted. Higher volume, synergies in procurement and improved annual contracts in the
maintenance schedule in this quarter as there was in Q4/2019, as well as the reduced financial costs after the financial restructuring of the short-term loans repayment plan during Q4/2019 and Q1/2020. When
the quarter. However, from the increase of the B100 products price combined with the ability to efficiently manage raw material, thus improving gross profit. As for the Ethanol Production and
operating after its scheduled maintenance. Gross profit increased from the higher amount of Ethanol sold, and the Bangchak Bioethanol (Chachoengsao) Co., Ltd. improved its management of raw material cost
after excluding inventory gains/losses from reported EBITDA. Inventory gains/losses in a period result from the movement in prices of raw materials and products from the end of the previous reported
after excluding inventory gains/losses from reported EBITDA. 8 Inventory gains/losses in a period result from the movement in prices of raw materials and products from the end of the previous reported
period result from the movement in prices of raw materials and products from the end of the previous reported period to the end of the current reported period. The cost of sales is impacted by inventory
reported EBITDA. Inventory gains/losses in a period result from the movement in prices of raw materials and products from the end of the previous reported period to the end of the current reported period
and raw material importation by hedging forward contract from several financial institutions. Industry Overview In 2019, Thailand’s chicken meat export was about 954,010 tons, 6.93% up from 2018 and
through economies of scale. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward contract from